Answer:
$127,400
Explanation:
Gross profit ratio = [(sale - cost) ÷ sale price] × 100
= [($5,000,000 - $3,700,000) ÷ $5,000,000] × 100
= 0.26 × 100
= 26%.
Gross profit on down payment is recognized in 2019:
= Down payment × Gross profit ratio
= $490,000 × 26%
= $127,400
According to an article that I found online which was written in December 2015, and according to the statistics that STR Global (which is the best at providing information about the global hotel industry), there are about 2,435 hotels with 562,781 rooms in the Asia-Pacific region.
Now, there are probably even more because many new hotels were being built at the time.
Answer:
$35,000
Explanation:
Since this is an operating lease (short lease term, no transfer of ownership, and low present value of lease payments), the lessor has to record a depreciation expense, but the lessee only considers lease payments as operating costs (no depreciation expense or lease liability should be recognized).
Depreciation expense per year under the straight line method = asset cost / useful life = $280,000 / 8 years = $35,000
Answer:
False
Explanation:
As the contract was formed when the offeree has deposited acceptance letter in the mailbox, hence the offeror is bond to sell the house.
The phrase which <em>best describes</em> the scientific discipline that is concerned with the cognitive, information-processing is:
<h3>What is
Health Informatics?</h3>
This refers to the practise of health data management which involves the use if info-processing to manage data and also for the administration and control.
With this in mind, we can see that the name which is given to the scientific discipline which would help Robert to study diseases and not have direct contact with them is Health Informatics.
Read more about Health Informatics here:
brainly.com/question/26129038